The Celsius platform a place to buy, sell and store cryptocurrency was apparently affected by the $120 million USD attack on BadgerDAO. Celsius has not confirmed the reports.
The cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. lending platformCelsius is apparently suffering some of the fallout from the recent attack on the decentralized decentralization refers to the property of a system in which nodes or actors work in concert in a distributed fashion to achieve a common goal. finance protocol the set of rules that define interactions on a network, usually involving consensus, transaction validation, and network participation on a blockchain. (DeFi).BadgerDAO.
As reported byDiarioBitcointhe DeFi a movement encouraging alternatives to traditional, centralized forms of financial services. protocolBadgerDAO was the victim of a hack Wednesday night that resulted in an estimated $120 million in losses. . Preliminary investigations suggest the attack was triggered after the website was breached, orfront-endThe hackers were able to extract funds from users’ wallets.
Users brought to light that they were experiencing irregularities when interacting with the protocol. Many said that they had received requests for additional permissions on their wallets connected toBadgerDAO.The platform’s team later confirmed the attack via its official Twitter channel, informing that it had launched an investigation.
Celsius también fue objetivo del ataque
While a thorough investigation is still underway, some more recent reports have indicated thatCelsius se habría visto afectada por el exploit. Según datos de Etherscan.io reported by various users on social networks, the main victim of the hacking hacking is the process of using a computer to manipulate another computer or computer system in an unauthorized fashion. was an address from which a little more than USD $50 million was extracted and which is allegedly linked toCelsius.
According to the reports, the management ofEthereum a decentralized open-source blockchain with smart contracts functionality. which initiates “0x534” saw the attacker drain 896.8 ofbitcoins (WBTC) for a value of just over $51 million. The management regularly transacts with a address que tiene a balance of USD$ 67 million, USD$ 40 million of which is the token a digital unit designed with utility in mind, providing access and use of a larger crypto economic system. native of Celsius , CEL.
In addition, the address is also related with at least one other address labeled as Celsius Network a network refers to all nodes in the operation of a blockchain at any given moment in time. Wallet a place where cryptocurrency users can store, send and receive digital assets. 5 en Etherscan.io, con la cual comparte varias transactions reports have indicated that .
Los high amounts of transactions between address a place where cryptocurrency can be sent to and from, in the form of a string of letters and numbers. “0x534”, as well as the tokens of those transactions and its close refers to the closing price; similar to the same term used in stock trading. relationship with other addresses identified as being on the platform, have prompted speculation that the wallet is owned by Celsius . The address “0x534” currently has a balance of 10.8 ETH valued at almost USD $50,000.
“ Although the data on the chain is inconclusive, it shows that wallet “0x534” had several interactions with wallets closely linked to the Celsius network.The high value of transactions also suggests that the wallet holder is a more important player in the space. “, he said CryptoBriefing in a report on the matter.
Celsius Token Drops 3% Amid Reports
As of the time of editing, the team ofCelsius has made no comment on the matter. Nor has he confirmed the speculation to news outlets that have been approached. The CEO ofCelsius, Alex Mashinsky, dijo aBlockworks that the company would provide a statement on Friday.
Meanwhile, the user on Twitter identified as ‘BigTimeCali ‘, who had shared several of the transactions in a thread on tweets , assured que Celsius ha eliminado questions related to the incident on his Reddit page.
Rumors about the loss of funds fromCelsius come shortly after the company expanded its Series B funding round from $400 million in October to $750 million at the end of November. The round raised the company’s valuation to over $3 billion.
True or not, it seems that the reports of the hacking are having an effect on the price of thetoken CEL, which on Friday recorded a 3% drop to trade at USD $3.9.Celsius Network is a leading cryptocurrency lending platform that allows users to earn interest on the holding of digital digital technologies are these electronic tools that have the ability to generate, store or even process data. assets such asBitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. and has become a major player in DeFi.
It should be noted that this Friday the team ofBadgerDAO informó en un tweet that the investigation into the incident is still ongoing. The developers are working in collaboration with the security the term securities refers to a fungible and tradable financial instrument that carries a type of monetary value. team atChainalysisto find out the scale of the attack. They have also requested support the opposite of Resistance, it is a threshold that crypto’s price doesn’t fall below. from authorities in Canada and the US.
- Hackers have stolen USD $1.4 billion from DeFi protocols in 2021, but most of the funds have been returned
- Attacker steals USD $60 million from DeFi AnubisDAO project, affected call it a scam a scheme that is designed to dupe people out of cash or crypto.
- DeFi has become a $200+ billion industry.
Article by Hannah Estefania Perez / DiairoBitcoin
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